Practical Guidance.
This course offers practical guidance for evaluating and improving internal controls in smaller organizations. Tailored to the unique challenges faced by smaller entities, it provides CPA members with the tools to implement effective internal control standards and frameworks that enhance accountability and operational efficiency.
Whether you are in audit, management, or a board position, this course will help you understand how to adapt internal controls to fit the size and complexity of your organization. You’ll gain insights on risk mitigation, compliance, and performance improvement—empowering you to contribute to stronger governance and sustainable growth.
2 activities • 11 videos • duration: 1h 51m
Lead Instructor, FCPA, FCA
Arun Mathur, FCPA, FCA, LPA has over 35 years of teaching and corporate training experience. He is a retired Partner at Gerald Duthie & Co. LLP, where he provided professional services to a diverse group of clients. Arun is also Owner and Lead Instructor at UltimQuest Knowledge Inc., offering corporate training on improving governance, ethics, internal control, performance measurement and related topics. He provides live and online training through CPA bodies across Canada and Bermuda. Arun served for several years on the Board for HealthForce Ontario Marketing and Recruitment Agency, and was also Chair of the Finance and Audit Committee there and for the Trillium Gift of Life Network. He has served on the CMA Ontario's Review Committee prior to the merger as well.
Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.
Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.
Really informative course.
Very timely as we have gone through 2 attempted frauds in one year. We are doing everything right but the attempts still happen. Reconciling the bank account every day is the key. We could be stronger in management oversight and financial understanding.
Provided good points for assessing and creating internal controls in a small organization. Clear voice, good speed, easy to comprehend content.
I enjoyed the examples of internal control breaches and how to safeguard against them.
